Labcorp
635 hedge funds and large institutions have $14.2B invested in Labcorp in 2015 Q4 according to their latest regulatory filings, with 76 funds opening new positions, 219 increasing their positions, 238 reducing their positions, and 49 closing their positions.
55% more first-time investments, than exits
New positions opened: 76 | Existing positions closed: 49
16% more capital invested
Capital invested by funds: $12.2B → $14.2B (+$1.99B)
14% more funds holding in top 10
Funds holding in top 10: 14 → 16 (+2)
3% more funds holding
Funds holding: 617 → 635 (+18)
0.13% less ownership
Funds ownership: 110.94% → 110.81% (-0.13%)
8% less repeat investments, than reductions
Existing positions increased: 219 | Existing positions reduced: 238
61% less call options, than puts
Call options by funds: $22.7M | Put options by funds: $59M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
Sculptor Capital
New York
|
+$252M |
| 2 |
GCM
Glenview Capital Management
New York
|
+$95M |
| 3 |
JP
Jana Partners
New York
|
+$83.6M |
| 4 |
Jennison Associates
New York
|
+$63M |
| 5 |
CCM
Chieftain Capital Management
New York
|
+$43.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Viking Global Investors
Stamford,
Connecticut
|
-$222M |
| 2 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$85M |
| 3 |
Calamos Advisors
Naperville,
Illinois
|
-$74M |
| 4 |
Los Angeles Capital Management
Los Angeles,
California
|
-$61.3M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$53.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SEC
676
Seven Eight Capital
New York
| – | -$99K | -1,060 | Closed |
|
|
PHK
677
Point72 Hong Kong
Hong Kong
| – | -$97K | -1,043 | Closed |
|
|
WTB
678
Washington Trust Bank
Spokane,
Washington
| – | -$97K | -1,042 | Closed |
|
679
Lazard Asset Management
New York
| – | -$57K | -622 | Closed |
|
|
FFC
680
First Financial Corp
Terre Haute,
Indiana
| – | -$11K | -122 | Closed |
|
|
ST
681
Smithfield Trust
Pittsburgh,
Pennsylvania
| – | -$9K | -92 | Closed |
|
|
WAS
682
Winch Advisory Services
Appleton,
Wisconsin
| – | -$7K | -74 | Closed |
|
|
VFA
683
Virtus Fund Advisers
Hartford,
Connecticut
| – | -$6K | -68 | Closed |
|
|
SSG
684
Summit Securities Group
New York
| – | -$2K | -19 | Closed |
|
LH Hedge Fund Activity: Q4 2015 in Review
635 of the 3,813 institutional investors tracked by Wall St. Rank reported a position in Labcorp (LH) for Q4 2015, worth a combined $14.2B — up 16% from $12.2B a quarter earlier.
Buyers outnumbered sellers: 76 funds opened new LH positions and 49 closed out — a net gain of 27 holders — while 219 added to existing stakes and 238 trimmed.
The largest buyer was Sculptor Capital, opening a new position worth an estimated $252M. The largest seller was Viking Global Investors, cutting an estimated $222M.
- 635 institutional investors held Labcorp (LH) as of Q4 2015, up from 617 in Q3 2015.
- Funds reported $14.2B of Labcorp stock for Q4 2015, up 16% quarter-over-quarter.
- 76 funds opened new Labcorp positions in Q4 2015 and 49 closed out, a net change of +27 holders.
- The largest Labcorp buyer in Q4 2015 was Sculptor Capital, an estimated $252M added.
- The largest Labcorp seller in Q4 2015 was Viking Global Investors, an estimated $222M sold.
Based on aggregated 13F filings for Q4 2015.